Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$231,224Cash toward the purchase price.
Closing costs + prepaids$15,140Not just lender fees.
Before credits & paid funds$246,364The complete starting cash picture.
Estimated remaining funds due at closing
$246,364No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$231,224.00
Your down payment$231,224.00
Closing costs + prepaids$15,140.01
Total buyer cash needed$246,364.01
Remaining funds due$246,364.01
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$6,049.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,868.38
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$577.25
Initial HOA (3 months)$257.01
Prepaid interest, first (31 days)$920.37
Fees + prepaids$15,140.01
Your down payment is the seller’s equity. You take over the $373,676 balance, so the rest of the $604,900 price is paid at closing. A second mortgage can cover part of it. $246,364.01 is due at closing. Uses and sources reconcile at $620,040.01 each. Not a Closing Disclosure.